Even as the Strait of Hormuz reopens to restore energy flows and bolster market confidence, normalisation and inventory recovery will take longer, a new S&P analysis has noted. India’s diversified energy sourcing strategy mitigated major disruptions caused by the West Asia conflict, keeping April and May 2026 liquefied natural gas (LNG) imports near normal levels...
Category: Ports & Shipping
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India Surges to Global Leadership in Ship Recycling with 35% Market Share
India’s ship recycling sector expanded to 2.99 million gross tonnes (GT) in 2025, nearly 60 per cent higher than 1.86 million GT in 2024, achieving the Maritime India Vision 2030 target of global leadership well ahead of schedule. India has emerged as the world’s leading ship recycling nation in 2025, ranking first globally, according to...
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Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
Developed under the Sagar Aankalan framework, the index serves as a national benchmark to evaluate and enhance the operational performance of Indian ports. As part of its maritime modernisation drive, India has unveiled the Logistics Port Performance Index (LPPI) for FY2024‑25, alongside four major digital initiatives aimed at enhancing governance, transparency, and ease of doing...
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The New Power Corridor
The nations involved in the proposed IMEC collectively account for nearly half of global GDP, totalling $47 trillion. Therefore, to fully unlock the benefits of this multilateral initiative of immense geopolitical significance, they must work towards resolving security concerns and harmonising trading regulations, writes Manish Pant. Experts often refer to the proposed India-Middle East-Europe Economic...
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India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
The agreement stems from the India-Republic of Korea VOYAGES maritime cooperation framework, a comprehensive partnership in shipbuilding, shipping and maritime logistics. Thoothukudi in Tamil Nadu will host India’s first mega green shipyard under a tripartite MoU signed between HD Korea Shipbuilding & Offshore Engineering Co. Ltd, National Shipbuilding & Heavy Industries Park, Tamil Nadu Ltd,...
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SDHI Wins India’s First Ammonia Dual‑Fuel Bulk Carrier Order
The four ammonia dual‑fuel ships will not only be the first of their kind in India but also among the largest commercial vessels ever constructed at a domestic shipyard. In a boost to India’s aspirations to emerge as a major player in green shipbuilding, integrated shipbuilding company Swan Defence and Heavy Industries Ltd (SDHI) has...
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Speeding Up Ports & Logistics
The Western Dedicated Freight Corridor (WDFC) is more than infrastructure; it is a strategic inflexion point for India’s manufacturing, exports, and the long-awaited shift from road to rail, writes Lalit Chandra Trivedi. India’s freight logistics story is being rewritten, not on a highway, not at a seaport terminal, but on a dedicated railway corridor that...
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India Is Advancing Growth While Preserving Heritage: Sonowal
Inaugurating three inland waterways projects in Assam, Union Minister Sarbananda Sonowal presented them as part of India’s broader push to modernise trade and connectivity while safeguarding cultural legacy. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, inaugurated three inland waterways projects on National Waterway‑2 (NW‑2) along the Brahmaputra in Assam on Friday, framing them...
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Centre Clears ₹7.97 Billion Green Hydrogen Jetty at Paradip Port
To ensure optimal utilisation during the sector’s early growth, the facility will accommodate other liquid cargo, broadening Paradip Port’s cargo mix. The Ministry of Ports, Shipping & Waterways has approved the development of a dedicated jetty with allied facilities for handling green hydrogen, ammonia and other liquid cargo at Paradip Port at an estimated cost...
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SDHI to Complete Five Offshore Support Vessels for San Maritime at Pipavav Shipyard
Completing these five vessels will boost Indian‑flag tonnage, expand offshore capability, and create maritime jobs, advancing India’s vision of indigenous and self-reliant shipbuilding. India’s largest shipyard, Swan Defence and Heavy Industries Ltd (SDHI), will complete five offshore support vessels (OSVs) for Kakinada‑based San Maritime India Pvt. Ltd. San Maritime has begun docking the vessels at...